STOXX launches tools for European dividend investors

By: | 13 Dec 2011

Index providers STOXX Limited has launched products to calculate pure dividends on stocks in some of the best-known European sharemarket indices, at a time when dividends are providing almost the only investment gains for shareholders in the region.

The products calculate ordinary un-adjusted gross cash dividends, withholding taxes of special cash dividends and capital returns from each of the benchmarks’ individual constituents.

They follow on from STOXX’s first pure dividend calculation product, launched back in 2008.

“We are now applying the same sophisticated calculation methodology to the popular STOXX Europe 600 and its respective supersectors indices, as well as to the EURO STOXX Supersector Indices,” said Hartmut Graf, STOXX’s chief executive officer.

Historical data is available back to January 2008.

Data is calculated at the end of each day and distributed to users in real-time.

The launches come at a moment when generally falling stock prices in Europe make the income derived from dividend distributions particularly important for equity investors.